SPERO FINANCIAL

Charter #361 | SC

500M-750M (169 CUs) Community (281 CUs)
2 500M-750M in SC

SPERO FINANCIAL has 5 strengths but faces 10 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + Wallet Share Momentum: Top 19.0% in tier
  • + Relationship Depth Leader: Top 29.9% in tier
  • + Net Interest Margin 0.35% above tier average
  • + Total Loans: Top 5.3% in tier
  • + Total Deposits: Top 8.9% in tier

Key Concerns

Areas that may need attention

  • - Membership Headwinds: Bottom 12.8% in tier
  • - Credit Quality Pressure: Bottom 14.4% in tier
  • - Growth-at-Risk: Bottom 20.9% in tier
  • - Stagnation Risk: Bottom 20.9% in tier
  • - Liquidity Strain: Bottom 27.7% in tier
  • - Efficiency Drag: Bottom 28.9% in tier
  • - ROA 0.45% below tier average
  • - Efficiency ratio 2.86% above tier (higher cost structure)
  • - Member decline: -3.3% YoY
  • - Share Certificate Concentration (%): Bottom 6.5% in tier

Core Metrics

As of 2025-Q3

Metric Current vs Tier Tier Avg State Avg (SC) National Avg Tier Percentile
Members 47,585
-3.3% YoY-0.7% QoQ
 +7.8K 39,752
-2.7% YoY
 37,124
+2.2% YoY
 33,089
+6.1% YoY
 Top 19.5% in tier
Assets $694.1M
-0.9% YoY-0.9% QoQ
 +$71.7M $622.4M
+0.3% YoY
 $514.3M
+4.6% YoY
 $547.7M
+7.8% YoY
 Top 24.3% in tier
Loans $580.7M
+3.1% YoY+1.6% QoQ
 +$144.7M $435.9M
-0.4% YoY
 $362.8M
+7.0% YoY
 $388.7M
+8.6% YoY
 Top 5.9% in tier
Deposits $632.0M
-0.6% YoY-0.9% QoQ
 +$94.0M $538.0M
+1.3% YoY
 $433.3M
+6.0% YoY
 $464.6M
+9.3% YoY
 Top 9.5% in tier
ROA 0.2%
-145.6% YoY-4.7% QoQ
 -0.4% 0.7%
+33.9% YoY
 1.2%
+18.8% YoY
 0.7%
+273.4% YoY
 Bottom 16.6% in tier
NIM 3.8%
+9.4% YoY+2.2% QoQ
 +0.3% 3.4%
+8.6% YoY
 4.3%
+2.6% YoY
 3.7%
+5.0% YoY
 Top 22.5% in tier
Efficiency Ratio 81.0%
-12.7% YoY+0.7% QoQ
 +2.9% 78.1%
-3.4% YoY
 75.1%
-1.9% YoY
 79.1%
-3.3% YoY
 63rd in tier
Delinquency Rate 0.8%
+33.3% YoY+3.0% QoQ
 -0.0 0.8%
-4.9% YoY
 0.9%
+10.3% YoY
 1.2%
-0.9% YoY
 60th in tier
Loan To Share 91.9%
+3.8% YoY+2.5% QoQ
 +10.9% 81.0%
-1.8% YoY
 71.3%
-1.2% YoY
 68.0%
-1.7% YoY
 Top 22.5% in tier
AMR $25,485
+4.5% YoY+1.0% QoQ
 $-997 $26,482
+2.6% YoY
 $16,641
+2.9% YoY
 $19,418
+1.3% YoY
 53rd in tier
CD Concentration 39.5%
-4.3% YoY+0.6% QoQ
 +15.1% 24.4%
+4.2% YoY
 17.4%
+3.6% YoY
 19.6%
+6.2% YoY
 Top 8.2% in tier
Indirect Auto % 9.0%
+7.5% YoY-0.9% QoQ
 -5.0% 14.0%
-5.8% YoY
 5.9%
-5.3% YoY
 7.9%
-2.9% YoY
 52nd in tier

Signature Analysis

Strengths (2)

Wallet Share Momentum

growth
#525 of 1006 • Top 19.0% in tier

Average member relationship growing year-over-year. Members are deepening their engagement.

Why This Signature
AMR Growth (YoY): 4.53%
(Tier: 3.68%, National: 4.19%)
better than tier avg
1006 of 281 Community CUs have this signature | 1330 nationally
↑ Growing +249 CUs YoY | Rank improving

Relationship Depth Leader

growth
#825 of 1006 • Top 29.9% in tier

Average member relationship growing year-over-year. Increasing engagement suggests members are consolidating more business here.

Why This Signature
AMR Growth (YoY): 4.53%
(Tier: 3.68%, National: 4.19%)
better than tier avg
Share Draft per Member: $1.8K
(Tier: $2.8K, National: $2.0K)
but worse than tier avg
1006 of 281 Community CUs have this signature | 1330 nationally
↑ Growing +249 CUs YoY | Rank worsening

Concerns (6)

Membership Headwinds

decline
#212 of 550 • Bottom 12.8% in tier

Membership declining year-over-year. They need solutions to stop the bleeding before it impacts revenue.

Why This Signature
Member Growth (YoY): -3.26%
(Tier: 0.88%, National: 9.37%)
worse than tier avg
550 of 281 Community CUs have this signature | 648 nationally
→ Stable (555→550 CUs) -5 CUs YoY | Rank worsening

Credit Quality Pressure

risk
#356 of 736 • Bottom 14.4% in tier

Delinquencies are rising year-over-year. Credit risk is building - they may need better underwriting tools.

Why This Signature
Delinquency Change (YoY): 0.20% points
(Tier: 0.04% points, National: 0.07% points)
worse than tier avg
736 of 281 Community CUs have this signature | 1002 nationally
↓ Shrinking -199 CUs YoY | New qualifier

Growth-at-Risk

risk
#314 of 446 • Bottom 20.9% in tier

Loan portfolio growing while delinquencies are rising. Expansion with deteriorating credit quality needs attention.

Why This Signature
Loan Growth (YoY): 3.11%
(Tier: 3.64%, National: 36.38%)
worse than tier avg
Delinquency Change (YoY): 0.20% points
(Tier: 0.04% points, National: 0.07% points)
worse than tier avg
446 of 281 Community CUs have this signature | 646 nationally
↓ Shrinking -77 CUs YoY | New qualifier

Stagnation Risk

risk
#345 of 550 • Bottom 20.9% in tier

Membership is declining. If profitability remains stable, current success may mask future risk from a shrinking member base.

Why This Signature
Return on Assets: 0.21%
(Tier: 0.77%, National: 0.71%)
worse than tier avg
Member Growth (YoY): -3.26%
(Tier: 0.88%, National: 9.37%)
worse than tier avg
Avg Member Relationship: $25.5K
(Tier: $25.0K, National: $19.4K)
but better than tier avg
CD Concentration: 39.53%
(Tier: 24.41%, National: 19.60%)
worse than tier avg
550 of 281 Community CUs have this signature | 648 nationally
→ Stable (555→550 CUs) -5 CUs YoY | Rank improving

Liquidity Strain

risk
#215 of 258 • Bottom 27.7% in tier

Loan demand outpacing deposits. They're bumping against liquidity limits - need funding solutions.

Why This Signature
Loan-to-Share Ratio: 91.88%
(Tier: 74.56%, National: 67.96%)
but better than tier avg
Loan Growth (YoY): 3.11%
(Tier: 3.64%, National: 36.38%)
worse than tier avg
258 of 281 Community CUs have this signature | 484 nationally
↓ Shrinking -28 CUs YoY | New qualifier

Efficiency Drag

risk
#510 of 521 • Bottom 28.9% in tier

High efficiency ratio (>80%) indicates elevated operating costs relative to revenue. Margin improvement opportunities may exist.

Why This Signature
Efficiency Ratio: 80.96%
(Tier: 77.15%, National: 79.10%)
worse than tier avg
ROA Change (YoY): 0.68% points
(Tier: 0.11% points, National: 0.05% points)
but better than tier avg
Member Growth (YoY): -3.26%
(Tier: 0.88%, National: 9.37%)
worse than tier avg
521 of 281 Community CUs have this signature | 624 nationally
↓ Shrinking -113 CUs YoY | Rank worsening

Metric Rankings

See how this credit union ranks across all tracked metrics compared to peers.

Strengths: Metrics in the top 25% (75th percentile or higher) | Concerns: Metrics in the bottom 25% (25th percentile or lower)

Comparing against 169 peers in tier

Top Strengths (6 metrics)

10
Total Loans
balance_sheet
Value: $580.68M
Peer Avg: $435.95M
#10 of 169 Top 5.3% in 500M-750M tier
16
Total Deposits
balance_sheet
Value: $632.02M
Peer Avg: $538.02M
#16 of 169 Top 8.9% in 500M-750M tier
33
Total Members
engagement
Value: 47,585
Peer Avg: 39,752
#33 of 169 Top 18.9% in 500M-750M tier
38
Net Interest Margin (NIM)
profitability
Value: 3.78%
Peer Avg: 3.43%
#38 of 169 Top 21.9% in 500M-750M tier
38
Loan-to-Share Ratio
balance_sheet
Value: 91.88%
Peer Avg: 81.02%
#38 of 169 Top 21.9% in 500M-750M tier
41
Total Assets
balance_sheet
Value: $694.08M
Peer Avg: $622.38M
#41 of 169 Top 23.7% in 500M-750M tier

Top Weaknesses (7 metrics)

159
Share Certificate Concentration (%)
balance_sheet
Value: 39.53%
Peer Avg: 26.87%
#159 of 169 Bottom 6.5% in 500M-750M tier
153
Member Growth Rate
growth
Value: -3.26%
Peer Avg: 1.75%
#153 of 169 Bottom 10.1% in 500M-750M tier
151
Net Worth Ratio
risk
Value: 8.40%
Peer Avg: 10.94%
#151 of 169 Bottom 11.2% in 500M-750M tier
146
Deposit Growth Rate
growth
Value: -0.62%
Peer Avg: 5.25%
#146 of 169 Bottom 14.2% in 500M-750M tier
141
Return on Assets (ROA)
profitability
Value: 0.21%
Peer Avg: 0.66%
#141 of 169 Bottom 17.2% in 500M-750M tier
140
Asset Growth Rate
growth
Value: -0.90%
Peer Avg: 4.33%
#140 of 169 Bottom 17.8% in 500M-750M tier
136
Net Charge-Off Rate
risk
Value: 0.80%
Peer Avg: 0.51%
#136 of 169 Bottom 20.1% in 500M-750M tier